5854 State Highway 30 Amsterdam, NY 12010
- Turn key restaurants
- 1,224 SF
- 1.00 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 5854 State Highway 30
- Year built
- 1984
- Lot size
- 1.00 lot acres
- Property size
- 1,224 SF
- Property type
- Turn key restaurants
- APN
- 272600 71.-2-3
- APU
- 2726007123
Description
This exceptional 1-acre commercial property, located at 5854 State Highway 30 Unit 5854 in Amsterdam, New York, presents a unique investment opportunity. The property's expansive 1-acre lot offers significant potential for a variety of commercial ventures. Its strategic location on State Highway 30 ensures high visibility and accessibility, making it an attractive site for businesses seeking strong exposure to a substantial traffic flow. The property is classified as "Other," providing flexibility for diverse development plans. The asking price is $169,900, representing a compelling entry point into the Amsterdam commercial real estate market. Given the scarcity of available land in this area, this property presents a rare chance to acquire a substantial parcel suitable for immediate development or future expansion. The absence of existing structures allows for complete design freedom, enabling the creation of a bespoke commercial development tailored to specific business needs. Prospective buyers are encouraged to conduct their own due diligence to fully assess the property's potential and suitability for their intended use. This is a truly exceptional opportunity to secure a prime piece of commercial real estate in a thriving location. The property's size and location make it an ideal candidate for a range of commercial uses, from retail to light industrial. Serious inquiries are welcome.
Value Estimations
-
AI approach
- Estimation
- $125,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $165,000
- 6.5%
- $180,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $160,000
- Geo Method
- $160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $170,000
- Retail
- $140,000
- Mixed-Use
- $140,000
- Hospitality
- $150,000
- Educational
- $175,000
- Residential Income
- $185,000
- Energy
- $140,000
- Income-Based Land
- $165,000
- Food Service
- $145,000
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Location Insight
- Map
- Local Demand
- City
- Amsterdam
- County
- Montgomery
- State
- New York
- Longitude
- -74.2175
- Latitude
- 42.9093
- CBSA code
- 11220
- CBSA name
- AMSTERDAM, NY MICROPOLITAN STATISTICAL AREA